U.S. payrolls increased 115,000 in April, more than expected; unemployment at 4.3%
Health care, transportation and retail led gains as layoffs persisted in tech and manufacturing, while unemployment held at 4.3%, the Labor Department said.
- On Friday, the Bureau of Labor Statistics reported U.S. employers added 115,000 payroll jobs in April, surpassing economist expectations of 65,000 while the unemployment rate remained steady at 4.3%.
- Labor Department revisions reduced February and March payrolls by a net 16,000 jobs, while the ongoing U.S. war with Iran strains energy supplies and elevates fuel costs above $4.50 per gallon.
- Healthcare companies led hiring with 37,000 new positions, while average hourly earnings rose 3.6% year-over-year, consistent with Federal Reserve inflation targets despite energy price pressures.
- Resilient payroll data reinforces expectations that the Federal Reserve will maintain current interest rates, as policymakers weigh steady employment growth against persistent inflation from the Middle East conflict.
- Lower immigration and an aging population have reduced the economy's break-even employment point to near zero, meaning fewer than 10,000 new jobs monthly may now sustain stable unemployment—a trend economists describe as unprecedented in recent history.
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“Underestimated The Strength Of The Trump Economy” – Trump Celebrates Jobs Data
Trump’s policies are working. The US job market added 115,000 in April – this is way over the 65,000 that were expected. Politico reported: President Donald Trump’s labor market is bouncing back. And with six months to go before the midterm elections, that is welcome relief to GOP policymakers who have struggled to break through to voters on the economy. The Labor Department on Friday reported that U.S. employers added 115,000 jobs in April — mo…
April’s Jobs Report Crushes Estimates, but Is Trump’s Economy Actually Weaker Than It Looks?
The post April’s Jobs Report Crushes Estimates, but Is Trump’s Economy Actually Weaker Than It Looks? appeared first on 24/7 Wall St.. Markets don’t usually struggle with good news. They struggle with inconsistent news. And today’s jobs report from the Bureau of Labor Statistics delivered exactly that kind of tension. The headline number showed 115,000 jobs created versus 65,000 expected, a meaningful upside surprise by any standard. Yet just be…
Trump touts 115K April job gains ahead of Mother’s Day
The U.S. economy added 115,000 jobs in April, nearly doubling the London Stock Exchange’s (LSEG) prediction of a gain of 62,000 jobs, with a 4.3% unemployment rate, the Bureau of Labor Statistics (BLS) revealed.
What the latest jobs numbers tell us about the economy
The Labor Department reported Friday that unemployment held steady in April and that the U.S. added 115,000 jobs, surpassing expectations. For more on the numbers and what they tell us about the state of the economy, Amna Nawaz speaks with Mohamed El-Erian, a professor at the Wharton School of Business and chief economic advisor at Allianz.
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